Holdings Inc. (NASDAQ:ALRM) shares hit a new 52-week high on Wednesday . The stock traded as high as $30.16 and last traded at $30.08, with a volume of 193,870 shares trading hands. The stock had previously closed at $29.64.

Several brokerages have weighed in on ALRM. First Analysis began coverage on Holdings in a report on Thursday, July 7th. They issued an “overweight” rating and a $32.00 price target for the company. BB&T Corp. began coverage on Holdings in a report on Wednesday, June 15th. They issued a “buy” rating and a $27.00 price target for the company. Bank of America Corp. reiterated a “buy” rating and issued a $28.00 price target (up from $25.00) on shares of Holdings in a report on Friday, June 24th. Zacks Investment Research downgraded Holdings from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 12th. Finally, William Blair reiterated an “outperform” rating on shares of Holdings in a report on Saturday, June 25th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Holdings currently has an average rating of “Buy” and a consensus target price of $25.07.

The stock’s 50 day moving average is $27.66 and its 200 day moving average is $22.49. The company’s market capitalization is $1.41 billion. Holdings (NASDAQ:ALRM) last posted its quarterly earnings data on Tuesday, May 10th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01. The company earned $59 million during the quarter, compared to the consensus estimate of $53.83 million. The company’s revenue was up 28.3% compared to the same quarter last year. Equities analysts predict that Holdings Inc. will post $0.48 earnings per share for the current fiscal year. Holdings, Inc is a platform solution for the connected home. The Company, through its cloud-based services, makes connected home technology accessible to millions of home and business owners. The Company operates through two segments: and Other. The Company’s segment represents its cloud-based platform for the connected home and related connected home solutions.

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